Johnson & Johnson to stop selling baby powder in US, Canada

JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / AFP

Johnson & Johnson announced its decision to stop selling its talc baby powder in the US and Canada due to a drop in demand over safety allegations.

The firm faces more than 19,000 lawsuits from consumers and their survivors claiming its talc products causes cancer following the evidence of asbestos in them.

In its statement, the company said it "remains steadfastly confident in the safety of talc-based Johnson's Baby Powder".

It added that retailers would continue to sell existing inventory, and it would wind down sales of the product in the coming months.

More from Business News

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

Blogs